eBay: Susquehanna stays 'positive' ahead of results
(CercleFinance.com) - Susquehanna International maintains its 'positive' view on eBay, with a 50-dollar price target, expecting the e-commerce company to report generally in-line second-quarter results after market close on Wednesday, July 18.
"We continue to believe the stock is attractive for longer-term-oriented investors”, the US broker wrote in a research note.
"We see the potential growth acceleration, promoted listings advertising opportunity, payments transition, and continued aggressive buybacks ($3.5 billion planned for 2018) as potential drivers”, it added.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
"We continue to believe the stock is attractive for longer-term-oriented investors”, the US broker wrote in a research note.
"We see the potential growth acceleration, promoted listings advertising opportunity, payments transition, and continued aggressive buybacks ($3.5 billion planned for 2018) as potential drivers”, it added.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.